18, SLALEY CLOSE, GATESHEAD, NE10 8TW - £20,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

18 SLALEY CLOSE is a very small flat of 23m², built sometime between 1950 and 1966, which could now be worth an estimated £34,966. It was last sold for £20,000 in June 2003, which was around 64% below the average June 2003 flat price in the Gateshead local authority area. The most recent EPC inspection was January 2020, where the current energy rating was E, and the potential energy rating was C.

18 SLALEY CLOSE Sold Prices

Land registry data shows one sale for 18 SLALEY CLOSE since 1^st January 1995. The below table shows the price paid for the one sale, along with the average flat price in the Gateshead local authority area for the corresponding sale date. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2003 6 JUN	£20,000	£55,448	64% below HPI

What might 18 SLALEY CLOSE be worth now?

18 SLALEY CLOSE might now be worth an estimated £34,966.

This is based on house price inflation of 74.8%, between June 2003 and March 2026, for flats, in the Gateshead local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 74.8% inflationary increase is applied to the most recent sale price for 18 SLALEY CLOSE of £20,000 on 6th June 2003. For the value to have increased from £20,000 to £34,966 over the 23 years and three months to March 2026, the following assumptions must hold true:

• The value of 18 SLALEY CLOSE has moved in line with the HPI for flats in the Gateshead local authority area.
• The June 2003 sale price of £20,000 represented a fair market value for the property.
• The size, condition, and specification of 18 SLALEY CLOSE has not materially changed since June 2003.

How Large is 18 SLALEY CLOSE?

18 SLALEY CLOSE is 23m² according to the EPC inspection conducted in January 2020. This puts it in the smallest 10% of flats in Gateshead, based on EPC data. Less than 1% of flats are smaller than 18 SLALEY CLOSE, and more than 99% of flats are larger. Note that EPC data is not available for all properties in Gateshead.

18 SLALEY CLOSE: Plot

18 SLALEY CLOSE sits on a plot of roughly 0.131 of an acre, or 529m².

Where is 18 SLALEY CLOSE?

18 SLALEY CLOSE is located in GATESHEAD, in the NE10 postcode district.